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Apollo Eyeing IGT Gaming Unit in $4-5bn Deal

Private EquityApollo Eyeing IGT Gaming Unit in $4-5bn Deal

Private equity giant Apollo Global Management is among the potential suitors seeking to acquire International Game Technology’s global gaming division, Bloomberg News reported on Wednesday.

IGT’s gaming unit could fetch $4bn to $5bn in a sale, including debt, the report said, citing people with knowledge of the matter.

“We are still in the process of exploring strategic alternatives for our Global Gaming and PlayDigital segments and can’t comment on rumors or speculation,” IGT said when contacted Reuters via biedexmarkets.com.

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